ACT/
Wright

Suburb Profile

Wright - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2611

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Property investors enjoyed capital gains of 5.46% over the last 12 months in WRIGHT, translating to lower returns compared with its peers in ACT.

The suburb posted a 44.63% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.

On average, rents on listings have reached the $600 mark, reflecting a 3.76% increase in returns based on the current median price in WRIGHT.

WRIGHT, 2611 ranks 59th in ACT in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 52nd on the list of best yielding suburbs for rental properties in ACT, posting a 3.76% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $830,000 $401,750
GROWTH REPORT
Median Quarterly 0.61% -0.19%
Median 12 month 5.46% -3.06%
Median 3 years 44.63% 8.29%
Median 5 years N/A -9.52%
10 years average annual 9.54% -1.71%
Weekly media advert. rent $600 $430
Time on Market 0.0 days 76.6 days
Gross Rental Yield Percent 3.76% 5.57%
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Wright, ACT
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